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N Rachmale Foundation is a private corporation based in DETROIT, MI. The foundation received its IRS ruling in 2011. The principal officer is Avinash Rachmale. It holds total assets of $3.7M. Annual income is reported at $564K. Total assets have grown from $2.2M in 2011 to $3.7M in 2024. The foundation is governed by 1 officer or trustee. Community service. Tax records are available from 2015 to 2024. The foundation primarily funds organizations in Michigan, Georgia and Illinois. According to available records, N Rachmale Foundation has made 2 grants totaling $9K, with a median grant of $5K. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$75K
Average Grant
$63K
Largest Grant
$100K
Based on 3 grants from the most recent 990-PF filing.
Community service
Expenses: $21K
Community service. Based on available records, the foundation has funded 2 grants.
N Rachmale Foundation has distributed a total of $9K across 2 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $5K to $5K.
N Rachmale Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (263926083) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
N Rachmale Foundation is headquartered in DETROIT, MI. The foundation primarily funds organizations in Michigan, Georgia, Illinois.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Avinash Rachmale | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3.7M
Fair Market Value
N/A
Net Worth
$2.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
2
Total Giving
$9K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
1
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Vyo UsaCHARITABLE | Rajkot | $5K | 2022 |